Our Currency, Your Problem

“It was Richard Nixon’s treasury secretary John Conally who famously told the rest of the world to go pound sand when it complained about US monetary policy and Nixon’s default on the Bretton Woods gold clause. Conally’s audience at the time were European finance ministers who were told “it’s our currency, but your problem”. The […]

Continue reading

Financial Times: "World Is Doomed To An Endless Cycle Of Bubble, Financial Crisis And Currency Collapse"

“It’s funny: nearly five years ago, when we first started, and said that the world is doomed to an endless cycle of bubble, financial crisis and currency collapse as long as the Fed is around, most people laughed: after all they had very serious reputations aligned with a broken and terminally disintegrating economic lie. With […]

Continue reading

Gold Poised To Super-Surge 150% & Silver A Staggering 300%

“On the heels of continued fierce action in the gold and silver markets, today top Citi analyst Tom Fitzpatrick spoke with King World News about an expected 150% super-surge in the price of gold, and a staggering 300% in silver.  He also included 4 fantastic gold and silver charts which illustrate how this enormous advance […]

Continue reading

Gold Nears Bull-Market Territory as Syrian Tensions Spur Demand

“Gold climbed to a three-month high in New York, approaching a bull market, as speculation about an attack against Syria within days spurred demand for precious metals as a haven. Silver rose to four-month high. Any armed response would be focused on Syria’s weapons capabilities and wouldn’t be aimed at deposing President Bashar al-Assad, U.S. […]

Continue reading

22 Reasons Why Starting World War 3 In The Middle East Is A Really Bad Idea

“While most of the country is obsessing over Miley Cyrus, the Obama administration is preparing a military attack against Syria which has the potential of starting World War 3.  In fact, it is being reported that cruise missile strikes could begin “as early as Thursday“.  The Obama administration is pledging that the strikes will be […]

Continue reading

Gold And Silver Slamdown As US Equities Open

“With the escalating tensions – as Israel now steps up: ISRAEL IS DEPLOYING ALL OF ITS MISSILE DEFENSES AS A PRECAUTION. It makes perfect sense that the precious metals are being slammed lower (as well as WTI modestly) as US equity markets open. No other asset-classes are exhibiting the vertical moves. Pre-open margin calls?” Continue […]

Continue reading

SocGen's Shocking Oil Forecast: $150 Upside; $125 Base Case Following Syrian Attack "Within A Week"

“If SocGen is right in its just released oil price forecast in a “Syrian war world”, then the global economy is about to undergo an apoplectic shock the likes of which have not been seen since the summer of 2008, when Lehman brothers had to be taken under to generate the deflationary shock sending crude […]

Continue reading

Rupee nears 69/dollar; posts biggest day fall in 18 years

“The pummelling in markets sent the rupee reeling 3.7 percent to an all-time low of 68.85 with the unit closing just a touch off that, at 68.80/81 per dollar, its biggest single-day fall since October 1995. It closed on Tuesday at 66.24/25. In absolute terms too, the 256-basis-point fall in the rupee was the biggest […]

Continue reading

China's top paper says United States wants regime change in Syria

“The United States and its allies are gearing up for a probable military strike against Syria that could come within days and would be the most aggressive action by Western powers in the Middle Eastern nation’s two-and-a-half-year civil war. Western envoys have told the Syrian opposition to expect a military response soon against President Bashar […]

Continue reading

Richard Russell – Gold Set To “Catapult” $220, But Buy Silver

“On the heels of continued volatility in key global markets, the Godfather of newsletter writers, Richard Russell, warned gold bears that the price of gold is set to “catapult” $220 higher.  Russell also urged subscribers to buy silver, and he included some fantastic charts of gold, silver and the GDXJ.”   Continue reading on kingworldnews.com

Continue reading